News by State

Reporter’s California Notebook: Regulated marijuana market an adjustment for some growers

Marijuana Business Daily reporter John Schroyer is on the ground in California, posting firsthand accounts detailing the historic, Jan. 1 launch of the state’s recreational marijuana market. Scroll down for an inside account from cannabis business executives pioneering the state’s new adult-use market, which Marijuana Business Daily estimates will generate at least $4 billion in annual retail sales […]

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Oregon marijuana retailers busted in underage-sales sting

Nearly 20% of state-licensed marijuana retailers in a recent undercover operation sold cannabis to underage buyers, according to Oregon authorities. The Oregon Liquor Control Commission told The Oregonian that 16 of 86 shops sold marijuana to people younger than 21 during decoy visits in December. The agency issued citations to the violating stores, which also […]

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Los Angeles issues first licenses for cannabis sales

A medical marijuana dispensary and recreational retail store in Los Angeles have received temporary licenses from the city to sell cannabis. Mother Nature’s Remedy Caregivers in Woodland Hills and WHTC in Studio City received L.A.s’ first MMJ and adult-use permits, LA Weekly reported. The two facilities now need approval only from state regulators to begin […]

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Reporter’s California Notebook: Regulators, growers share concerns about state’s marijuana industry

Marijuana Business Daily reporter John Schroyer is on the ground in California, posting firsthand accounts detailing the historic, Jan. 1 launch of the state’s recreational marijuana market. Scroll down for an inside account from cannabis business executives pioneering the state’s new adult-use market, which Marijuana Business Daily estimates will generate at least $4 billion in annual retail sales […]

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Cannabis compliance firm Simplifya secures first stage of $3 million raise

At a time when adhering to regulations is key for marijuana businesses, Denver-based compliance software company Simplifya has secured $1 million in the first stage of a Series B funding round. Simplifya said it has additional investors lined up to close a total funding round of $3 million. According to a news release, the raise was […]

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North Dakota specifies where state’s medical marijuana dispensaries can open

North Dakota has established eight regions for medical cannabis dispensaries in an effort to ensure qualifying patients have easy access to MMJ. The regions center on the state’s largest cities – Fargo, Bismarck, Grand Forks, Minot, Devils Lake, Jamestown, Williston and Dickinson. However, the dispensaries that eventually are licensed can be located anywhere within a […]

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Week in Review: New York medical cannabis, the future of Colorado hemp & Maryland banking

New York approves an expanded line of medical marijuana products, a Colorado hemp producer departs for Arkansas, and a Maryland credit union welcomes MMJ businesses. Here’s a closer look at some notable developments in the marijuana industry over the past week. New York blues It’s bullish news that one of New York’s licensed medical marijuana […]

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Marijuana investment firm 4Front Holdings raises $6M for out-of-state growth

Cannabis investment and management firm 4Front Holdings has raised $6 million toward its multiple-state expansion. The funds were raised through the issuance of convertible notes. According to a news release, 4Front manages operating licenses in emerging, state-legal medical cannabis markets. Here’s what you need to know: The company – which has offices in Phoenix and Boston […]

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Maryland credit union to cannabis businesses: We’re open

An aptly named credit union in Maryland is ready and willing to serve the state’s medical marijuana businesses. And it’s doing so with the knowledge it has some federal support. The Bulldog Federal Credit Union, a federally chartered institution founded in 1968 in Washington County, made its announcement less than a week after Attorney General […]

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Las Vegas pulls back on plans to allow public cannabis lounges

Las Vegas’ plans to allow public consumption of marijuana have been tabled “indefinitely” after Attorney General Jeff Sessions last week rescinded federal protections for states with recreational cannabis laws. Officials for the city and Clark County, where Las Vegas is situated, had delayed further talks about public consumption from September until the new year. The […]

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